Triple Diamond Energy Corp (TDEC)
ADDISON, TX – Triple Diamond Energy Corporation announced today a Wilcox Sand discovery in its prospect acreage located just north of the Central Oklahoma Oil Platform in Seminole County, Oklahoma. The Overlook #14-1 was drilled to approximately 4563 feet.
Electric wireline logging and mud logging sample shows indicate the Overlook #14-1 well encountered significant hydrocarbon pay in the Wilcox Sand formation. In addition to the Wilcox formation discovery, the sample and e-log evaluation confirm the extension of the Hunton porosity and permeability trend of the Hunton Play in Seminole County and as encountered in the Overlook #13-1 to the immediate east.
“The results of the analysis of the e-log of the Overlook #14-1 well are highly indicative of the presence of a significant Wilcox reservoir,” said Chris Jent, President of Triple Diamond Energy. “Triple Diamond Energy holds acreage to the west of the discovery well location and has options to acquire additional acreage to the north and south. This will result in a contiguous acreage block offering Triple Diamond Energy and its partners a substantial number of developmental well locations.”
According to American Natural Resources, geological consultant to Triple Diamond Energy, geological sub-surface mapping and electric logs support preliminary estimates of 2.6 million barrels of recoverable reserves within the 560 acre closure. Triple Diamond Energy’s operating company, O & G Well Service, LLC has plans to initiate development of the newly discovered field and plans to drill the Overlook #14-2 and Overlook #14-3 before year’s end.
